Where Bank Regulators Go to Get Rich
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April 8 (Bloomberg) -- Mary Schapiro, the former chairmanof the Securities and Exchange Commission, must take us forfools.
No need to worry about her and the so-called revolving doorbetween government and Wall Street, she told the Wall StreetJournal on April 2, after announcing she would be joining thePromontory Financial Group LLC as a managing director in itsWashington office, in charge of its governance and marketspractice. “In my case, there’s no revolving door,” she said. “Iwon’t ever be going back to government.”